Binh Duong strengthens international cooperation, heightens industrial status

Binh Duong is focusing on the development of high-tech industries and investing in automation, smart factories, and advanced manufacturing technologies to upgrade the value chain. International cooperation is essential for enhancing the province's industrial position.

Provincial leaders visit Vietnam Automation Exhibition 2024 and Electricity Energy Show 2024

 Promote industrial automation

At the Vietnam Automation Exhibition 2024 and the Electricity and Energy Exhibition 2024 held in Binh Duong recently, Mr. Lee Dong Ki, Chairman of COEX Company of Korea, said that the smart factory and automation market in Vietnam has an average annual growth rate of over 13%, in line with the digital transformation policy and the strategy of modernizing Vietnam's manufacturing industry. Particularly in Binh Duong, the demand for factory automation and smart factory technology is increasing sharply.

Binh Duong is prioritizing the development of science, technology, and innovation to attract investors in industries that emphasize high scientific and technological content, high added value, and low environmental impact. According to the Provincial Department of Industry and Trade, Binh Duong plans to promote automation in manufacturing industries in the near future. This initiative aims to improve labor productivity, reduce production costs, and create favorable conditions for business growth.

Mr. Mai Hung Dung, Member of the Provincial Party Standing Committee, Permanent Vice Chairman of the Provincial People's Committee, said that Binh Duong prioritizes enterprises as the central focus for innovation activities, particularly in key industries that align with the trends of the 4.0 industrial revolution, especially in information technology and automation. To achieve this goal, Binh Duong is implementing a range of coordinated strategies and solutions. These include investing in transportation infrastructure, advancing technology, developing high-quality human resources, and supporting businesses in researching and applying new technologies to enhance production and management efficiency.

Strengthen international cooperation

Binh Duong has established bilateral cooperation relations with 14 foreign provinces and cities and is an official member of the Intelligent Community Forum (ICF), Horasis, World Trade Center Association (WTCA)... In 2024, Binh Duong aims to further strengthen its foreign economic activities and investment partnerships while enhancing friendly cooperative relations with international localities and partners. The province will particularly focus on learning from the development models of high-tech industries, automation, smart factories, and advanced manufacturing technologies used in developed countries.

During a recent working trip to the Federal Republic of Germany, the provincial delegation led by Mr. Vo Van Minh, Deputy Secretary of the Provincial Party Committee, Chairman of the Provincial People's Committee, visited Innovation Lab, BioLabs - a successful model of Heidelberg city and listened to a presentation on the Science - Technology Park (including the High-tech Innovation Park). These are examples and practical experiences for Binh Duong in the development of science, technology, and innovation. Here, a number of companies from the Fraunhofer ENAS Institute shared about high-tech products and trends in automation and semiconductor manufacturing. On this occasion, Becamex IDC Corporation signed a Memorandum of Understanding with the Fraunhofer ENAS Institute on establishing an R&D Center for Microelectronics and Intelligent Systems according to the ENAS model in Binh Duong.

The province is currently focused on expanding and upgrading existing industrial parks while also developing new ones to attract foreign investment. The emphasis is on creating green, smart industrial parks capable of utilizing a 4.0 technology platform. This will help investors quickly and effectively implement smart factory models and enhance production, ultimately contributing to improved labor productivity. In particular, Binh Duong is implementing steps to build a concentrated Information Technology Park and a 220-hectare High-Tech Park, preparing infrastructure to welcome high-tech investors, semiconductor industry...

 Reported by N.Thanh, T.Tuyen - Translated by Ngoc Huynh